NOT LISTED FOR SALE

501 E Murphy St Marfa, TX 79843

Estimated Value: $297,184 - $480,000

1 Bed
1 Bath
783 Sq Ft
$496/Sq Ft Est. Value

Last Sold May 09, 2023

Current estimated payment $2,453/month

55 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling Available
  • Corner Lot
  • Shades
  • Low Maintenance Yard

About This Home

As of May 2023

Looking for a Billy Marginot remodel, this is it! An all adobe home, the vaulted ceiling creates a bright, airy and open studio space. Centered close to town, you can stroll to your favorite restaurant or chill outside on the back porch. All original floors and windows add to the charm of this home, and a recently added mini-split plus an outside utility room/storage make it perfect for a couple or for a vacation rental. Check out the structure ready to create a sweet casita. You'll love it!

Last Agent to Sell the Property

Kathleen Walstrom

Marfa Realty Properties & Services, LLC License #0625985 Listed on: 03/12/2023

Last Buyer's Agent

Kathleen Walstrom

Marfa Realty Properties & Services, LLC License #0625985 Listed on: 03/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,853

Year Built

  • Built in 1930

Lot Details

  • 6,752 Sq Ft Lot
  • Corner Lot
  • Low Maintenance Yard

Home Design

  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 783 Sq Ft Home
  • Ceiling Fan
  • Shades
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Marfa Elementary And Middle School
  • Marfa High School

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Marfa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10853

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,853

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.155
  • Lot Size: 6750
  • Lot Size Sq Ft: 6751.8
  • Road Surface Type: Paved
  • Subdivision Name: Marfa
  • Directions: Travel N. Dean St. to E. Murphy - corner of Murphy and Spring.
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Ceiling Fan(s)
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Gas Range, Dishwasher, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Hardwood
  • Living Area: 783
  • Window Features: Shades/Blinds
  • Dining Room Features: Kitchen
  • Master Bathroom Features: Other - See Remarks

Exterior Features

  • Lot Features: Corner Lot, Low Maintenance
  • Home Warranty: No
  • Construction Type: Stucco, Block, Other
  • Foundation Details: Other
  • Other Structures: Storage
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other - See Remarks

Utilities

  • Laundry Features: Other - See Remarks
  • Cooling: Other - See Remarks
  • Cooling Y N: Yes
  • Heating: Other - See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Marfa
  • Junior High Dist: Marfa
  • High School: Marfa
  • Middle Or Junior School: Marfa

Green Features

Lot Info

  • Parcel #: 10853
  • ResoLotSizeUnits: SquareFeet

Multi Family

Tax Info

  • Tax Annual Amount: 3853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2023
Closed on
May 9, 2023
Sold by
Carden Carole
Bought by
Vetter Judy M
Seller's Agent
Kathleen Walstrom
Marfa Realty Properties & Services, LLC
Buyer's Agent
Kathleen Walstrom
Marfa Realty Properties & Services, LLC
List Price
$395,000
Current Estimated Value
$388,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.62%

Purchase Details

Closed on
Aug 12, 2015
Sold by
Culberston Donald Green
Bought by
Carden Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,640
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vetter Judy M -- Big Bend Title
Carden Carole -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carden Carole $96,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2023 05/09/23 Sold -- -- --
03/13/2023 03/13/23 Off Market -- -- --
03/13/2023 03/13/23 For Sale $395,000 -- $504 / Sq Ft
Source: Odessa Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,998 $291,700 $87,020 $204,680
2024 $4,847 $282,920 $87,020 $195,900
2023 $4,299 $255,380 $60,750 $194,630
2022 $4,383 $224,410 $50,630 $173,780
2021 $4,084 $191,880 $30,380 $161,500
2020 $2,952 $128,720 $30,380 $98,340
2019 $2,319 $99,090 $27,840 $71,250
2018 $2,459 $103,610 $27,840 $75,770
2017 $2,237 $92,710 $20,050 $72,660
2016 -- $54,320 $12,150 $42,170
2015 -- $42,550 $12,150 $30,400
2014 -- $42,550 $12,150 $30,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Odessa Board of REALTORS®

MLS Number: 138991

APN: 131000000730011000000